Questions

The single-step income statement emphasizes

1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

The first Indian woman to ever win an Olympic medal for India was Karnam Malleswari who won a bronze medal at the Sydney Olympics 2000 in the Women's 69 kg category in Weightlifting.

Karnam Malleswari is a retired Indian weightlifter. In 1995 she received the Rajiv Gandhi Khel Ratna, India's highest sporting honour, and in 1999 the civilian Padma Shri award.

After that Indian women who won Olymic medals to India was : 

1. Mary Kom at the London 2012 Summer Olympics won bronze medal in women's boxing.

2. Saina Nehwal was the first Indian to win a medal in Badminton at the Olympics, by winning the Bronze medal at the London Olympics 2012.

3. Sakshi Malik became the first Indian woman to win a medal in Wrestling. She won the Bronze medal in Women's 58 kg freestyle wrestling in 2016 Summer Olympics held in Rio.

4. P.V. Sindhu became the first ever Indian woman to win the Silver medal at the Olympics, by reaching the Badminton final at Rio Olympics 2016.

Second generation computers were developed during 1956 - 1963.

China's amphibian aircraft, which is stated to be the world's largest, has successfully passed engine tests and is expected to make its maiden flight in the first half of the year 2017.

The 112-feet tall bust of ‘Adiyogi’ Lord Shiva at the Isha Yoga Foundation has been declared the world’s largest bust by the Guinness Book of World Records. The Guinness had announced this on its website. The bust at the Isha Yoga Foundation on the outskirts of Coimbatore, Tamil Nadu was unveiled by Prime Minister Narendra Modi on 24 February.

There are two major forms of democratic government.

I. Parliamentary
II. Presidential

The citizens elect the leaders in democratic government.

The main difference is legislative and executive branches.

Executive - head of government
Legislative - how laws are made

I. Parliamentary democratic government : (example - United Kingdom )

1. Parliament = Legislature (Laws)
2. Parliament controls the power
3. Head of government is a prime minister chosen by the legislature
4. Prime minister and cabinet are members of the legislature
5. Prime minister answers to the legislature (fusion of powers)
6. The government will stay in office for a specified period unless the prime minister loses support of the majority on an important vote.
7. If this occurs- the P.M. must resign and elections are held immediately.

II. Presidential democratic government : (example - United States of America)

1. The executive and legislative branches are separate bodies elected independently by the citizens.
2. Separation of Powers
3. There are checks and balances where each branch can overrule the other.
4. The president answers to the voters, not the legislature.
5. The people elect the president, and elections are held at set intervals.